LexisNexis Risk Solutions Completes IDVerse Acquisition
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
relx.com/investors/investor-overview
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Source: PR Newswire
Acquisition expands LexisNexis Risk Solutions' capabilities in risk and fraud solutions and enhances digital identity onboarding and identity verification through AI-powered technologyATLANTA and LONDON, Feb. 19, 2025 /PRNewswire/ -- LexisNexis® Risk Solutions, part of RELX, closed its acquisition of IDVerse™, a provider of AI-powered document authentication and fraud detection solutions. IDVerse is now part of the Business Services segment of LexisNexis Risk Solutions and will continue to be available within its LexisNexis® RiskNarrative® platform, LexisNexis® IDU®, and will be offered within its LexisNexis® Dynamic Decision Platform® as a stand-alone solution later this year. Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. Its proprietary technology is powered by a deep neural network which verifies the authenticity of identity documents and, with consumer consent, matches the consumer's face to the photo on a document using bio
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